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Helix Energy Solutions Grp Inc Stock Price, News & Analysis

HLX NYSE

Welcome to our dedicated page for Helix Energy Solutions Grp news (Ticker: HLX), a resource for investors and traders seeking the latest updates and insights on Helix Energy Solutions Grp stock.

Helix Energy Solutions Group, Inc. (NYSE: HLX) is an international offshore energy services company headquartered in Houston, Texas, with a focus on well intervention, robotics and decommissioning operations. This news page aggregates company-issued updates and market announcements so readers can follow how Helix’s offshore activities and contracts evolve over time.

According to Helix’s press releases, the company regularly reports on quarterly financial results, segment performance across Well Intervention, Robotics, Shallow Water Abandonment and Production Facilities, and non-GAAP measures such as Adjusted EBITDA, Net Debt and Free Cash Flow. Earnings announcements are often accompanied by conference call details and slide presentations referenced in Form 8-K filings.

Helix also issues news about multi-year contracts and project awards. Recent releases describe riserless plug and abandonment work on subsea wells in the UK North Sea and production enhancement and well abandonment services in the U.S. Gulf of America, using Helix-owned vessels, subsea intervention systems, remotely operated vehicles and project management and engineering support. These updates illustrate the company’s role in maximizing production from existing fields and decommissioning end-of-life offshore assets.

In addition, Helix frequently announces participation in investor and industry conferences, where management presents the company’s outlook and segment activity. Leadership developments, such as the disclosed executive succession plan for the CEO role, are also communicated through news releases and corresponding SEC filings.

Investors, analysts and industry observers can use this HLX news page to review historical announcements on contracts, operations, financial performance and corporate governance, and to monitor how Helix positions its services within the broader offshore energy and energy transition landscape.

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Helix (NYSE:HLX) and Hornbeck Offshore Services have agreed to combine in an all‑stock transaction to form a premier integrated offshore services company trading as HOS on the NYSE.

Hornbeck shareholders will own ~55% and Helix shareholders ~45% of the combined company; expected close is in the second half of 2026. Transaction targets $75 million+ annual revenue and cost synergies within three years and will be led by Todd M. Hornbeck as CEO.

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Helix (NYSE: HLX) reported a net loss of $13.4 million ($(0.09) per diluted share) for Q1 2026 on revenues of $287.9 million. Adjusted EBITDA was $32.3 million and Free Cash Flow was $59.0 million. Cash and cash equivalents totaled $501.3 million, producing negative Net Debt of $197.5 million. Segment trends included higher Well Intervention revenue, weaker Robotics and a sharp decline in Shallow Water Abandonment activity; Production Facilities recorded a $7.9 million operating loss driven by Thunder Hawk workover costs. Management expects offshore market momentum later in 2026.

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Helix Energy Solutions Group (NYSE: HLX) will report Q1 2026 results on Wednesday, April 22, 2026 after market close, with a review by management on Thursday, April 23, 2026 at 9:00 a.m. Central Time via teleconference and webcast.

Investors can access slides and the live listen-only webcast on Helix's Investor Relations website; dial-in details and replay availability were provided.

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Helix (NYSE: HLX) reported Q4 2025 net income of $8.3M ($0.06 diluted) versus $20.1M a year earlier and Adjusted EBITDA of $73.9M. Full‑year 2025 net income was $30.8M and Adjusted EBITDA was $272.0M. Cash totaled $445.2M and free cash flow for 2025 was $120.4M. Q4 included a $18.1M non‑cash impairment on Thunder Hawk; the field is expected to resume production in early April after a February recompletion. Segment moves: Well Intervention revenues fell year‑over‑year, while Shallow Water Abandonment grew materially.

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Helix Energy Solutions Group (NYSE: HLX) will participate in multiple investor events in late February and March 2026, including Daniel Energy Partners THRIVE (Feb 25), Raymond James Institutional Investor Conference (Mar 3), Piper Sandler Energy Conference (Mar 17-18) and NYSE Energy & Utilities Virtual Investor Access Day (Mar 19).

According to the company, any investor presentation given at these events will be posted publicly on Helix’s investor website for access.

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Helix Energy Solutions Group (NYSE: HLX) will release its fourth quarter and full year 2025 results on Monday, February 23, 2026 after market close and host a review call on Tuesday, February 24, 2026 at 9:00 a.m. CT.

Investors can join via teleconference (1-800-715-9871 U.S.; 1-646-307-1963 international) using passcode Staffeldt, or listen via a live webcast and later replay on Helix’s Investor Relations website. Slide presentation will be posted online.

Helix is an international offshore energy services company focused on well intervention, robotics and decommissioning.

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Helix Energy Solutions Group (NYSE: HLX) will participate in the Fearnley Securities Annual Offshore Drilling & Services Seminars in New York at the Peninsula Hotel on Wednesday, January 14, 2026, and in London at the Connaught Hotel on Thursday, January 15, 2026. Any investor presentation made at the events will be publicly available on Helix’s investor website at www.helixesg.com. Helix is an international offshore energy services company focused on well intervention, robotics and decommissioning, supporting production and the energy transition. For media or investor inquiries, contact Erik Staffeldt, Executive Vice President and CFO, via phone or email provided by the company.

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Helix Energy Solutions (NYSE: HLX) secured a multi-year contract to perform riserless plug-and-abandonment (P&A) work on up to 34 subsea wells in the UK North Sea. The scope, scheduled to begin in 2026, includes flushing and disconnection of pipelines and well P&A, project management, and engineering to deliver an integrated solution.

Helix plans to use Helix-owned assets including the Well Enhancer or Seawell light well intervention vessels with saturation diving capability, a subsea intervention lubricator, and remotely operated vehicles. The company positioned the award as reinforcing its decommissioning leadership in the North Sea and internationally.

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Helix Energy Solutions (NYSE: HLX) announced that Owen Kratz, president and CEO, has informed the board of his intention to retire effective after a successor is appointed, with the announcement dated December 17, 2025.

Kratz joined the company in 1984, was first appointed CEO in 1997, and will remain in place to support a smooth transition. The board said succession planning has been long discussed and emphasized a focus on continuity and selecting a CEO with proven global leadership experience. Management described Helix as having a strong balance sheet and positioned for future growth.

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Helix Energy Solutions Group (NYSE: HLX) will participate in two investor events in December 2025: the Daniel Energy Partners New York Executive Series at Nasdaq MarketSite in New York on December 3, 2025, and the Capital One Securities 20th Annual Energy Conference at the Omni Royal Orleans in New Orleans on December 9, 2025.

Any investor presentation used at these events will be made publicly available on Helix’s investor website at www.helixesg.com. The company is an international offshore energy services provider focused on well intervention, robotics and decommissioning operations supporting oil, gas and renewable energy projects.

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FAQ

What is the current stock price of Helix Energy Solutions Grp (HLX)?

The current stock price of Helix Energy Solutions Grp (HLX) is $9.93 as of April 27, 2026.

What is the market cap of Helix Energy Solutions Grp (HLX)?

The market cap of Helix Energy Solutions Grp (HLX) is approximately 1.5B.